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Colonial School District board approves audit submission, certifies Act 1 opt-out and clears contracts, calendar and policies
Summary
The Colonial School District board approved the 2024–25 audit and submission of the PDE 22057 financial report, certified an Act 1 opt-out (saying it will not raise the real estate tax above the 3.5% equity index), and approved multiple contracts, personnel items, the 2026–27 calendar, new AP courses and student travel requests.
The Colonial School District board voted Thursday to accept the district audit for fiscal year 2024–25 and to submit the PDE 22057 annual financial report to the Pennsylvania Department of Education, actions the board approved by voice vote.
In a notable fiscal policy action, the board approved a resolution certifying the district will opt out of the Act 1 index timeline by certifying it will not raise the real estate tax rate beyond the 3.5% equity index and stating the district will be unable to use the Act 1 equity exceptions. The motion was presented and approved without extended debate.
Board members also approved routine…
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